Donald Trump seems determined to put a speech in the wheels of Chinese companies, and Huawei in particular, by the end of his mandate, which ends in two days. His government has therefore decided to deal a blow by revoking many sales licenses to Chinese society.
Despite the numerous sanctions imposed on the Chinese telecommunications giant, some companies still had the right to provide it with devices such as Intel, which Huawei relied on to develop its device. That is no longer the case. In addition to canceling the license of several companies, the trade department also made the decision to reject the license. ” a large number of applications for export licenses to Huawei According to the news agency, eight licenses were revoked from four companies. In addition to Intel, the Japanese company Kioxia Corps is also affected by one of these revocations.
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This decision is undoubtedly the most recent in the context of the trade war between China and the United States that the outgoing President has made. As a reminder, Huawei has suffered greatly from this conflict, in particular due to the loss of important contracts with Google for the operation of the Android operating system. The company was forced to sell its highly productive Honor division due to the many American measures it had to face. The global use of its 5G devices also suffers greatly from these sanctions.
While Huawei is hardest hit, it is not the only Chinese company falling victim to White House decisions that has stepped up its campaign to curb the development of the Middle Kingdom’s tech giants. Recently, the US authorities blacklisted Xiaomi, another very popular smartphone manufacturer in the world, along with nine other Chinese companies.
This famous list, which greatly complicates the commercial activities of the companies it contains, includes dozens of companies, and last but not least. As already mentioned Bloomberg, ” In particular, it brings together the three largest telecommunications companies in China, its first chip maker, its major social networks, its two leading smartphone manufacturers, its major deep-sea energy researcher, its first military aerospace entrepreneur, its first drone maker, and its major commercial plans maker “.